VanEck Steel ETF
ALTAR
Score™		 15.4% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 14.9x P/Sales
ratio		 0.6x
P/BV
ratio		 1.0x Div.
yield		 3.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Steel Index Fund seeks investment results that correspond to the price and yield of the Amex Steel Index.

FUND BASICS
Category Global Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Oct 10, 2006
Assets (mns) $82
Currency USD
Expense ratio 56 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 25
Wgt avg mkt cap (mns) $21,928
Large cap (>$10bn) 50.5%
Mid cap ($2-10bn) 28.4%
Small cap (<$2bn) 11.9%
Developed mkts 81.2%
Emerging mkts 18.8%

TOP TEN HOLDINGS
RIO TINTO PLC-SPON ADR 11.1 %
VALE SA-SP ADR 8.6 %
NUCOR CORP 6.0 %
CLEVELAND-CLIFFS INC 5.7 %
WARRIOR MET COAL, INC. 5.6 %
POSCO-ADR 5.4 %
ARCELORMITTAL SA ADR 5.3 %
WORTHINGTON STEEL, INC. 5.2 %
COMMERCIAL METALS CO 4.8 %
TENARIS SA-ADR 4.7 %
Total 62.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 51.5 %
BRAZIL 16.0 %
LUXEMBOURG 14.0 %
BRITAIN 10.6 %
SOUTH KOREA 4.9 %
CANADA 0.6 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 29)
Year-to-date 1 year 5 years 10 years Since Incep.
21.6% 6.7% 22.3% 14.7% 5.7%

Market Correlations
versus... Beta R-squared
S&P500 1.29 49%
MSCI EAFE 1.34 60%
MSCI Emg. Mkts. 1.12 45%

Technical Indicators
Recent close $69.90
30d moving avg. $69.95
Annualized volatility 28.1%
Short interest (ETF) 1.8%
Short interest (Underlying) 4.9%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 18
Turnover 1.5%
Bid/Ask (% of price) 0.15%
ADV underlying (mns) $1,035

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 467 potential alternatives to the VanEck Steel ETF ETF based on the alternatives' overlap in portfolio holdings with SLX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SLX Expense: 56 bp ALTAR Score™: 15.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SLX
Ticker Fund
Name		 Overlap1
vs SLX
(%)		 Expense
ratio
(bp)		 Savings
vs SLX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SLX
(%)
XME SPDR S&P Metals & Mining ETF 33.3 35 21 7.3 -8.0
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 14.1 60 -4 6.2 -9.2
EV Mast Global Battery Recycling & Production ETF 13.9 65 -9 10.5 -4.9
FXZ First Trust Materials AlphaDEX Fund 13.8 61 -5 10.0 -5.4
IYM iShares U.S. Basic Materials ETF 10.9 40 16 6.0 -9.3
PICK iShares MSCI Global Metals & Mining Producers ETF 9.0 39 17 12.8 -2.6
ILF iShares Latin America 40 ETF 8.9 48 8 13.0 -2.4
RSPM Invesco S&P 500 Equal Weight Materials ETF 8.3 40 16 7.7 -7.7
PSCM Invesco S&P SmallCap Materials ETF 7.9 29 27 12.7 -2.7
PAVE Global X U.S. Infrastructure Development ETF 7.7 47 9 5.3 -10.1
HWAY Themes US Infrastructure ETF 7.3 29 27 6.2 -9.2
FMAT Fidelity MSCI Materials Index ETF 7.3 8 48 6.1 -9.3
VAW Vanguard Materials ETF 7.0 9 47 6.1 -9.3
XLB Materials Select Sector SPDR Fund 7.0 8 48 6.3 -9.0
ZIG Acquirers Fund 6.7 84 -28 18.0 +2.6
IFRA iShares U.S. Infrastructure ETF 6.1 30 26 6.5 -8.8
BRAZ Global X Brazil Active ETF 6.1 75 -19 12.8 -2.5
CCSO Carbon Collective Climate Solutions US Equity ETF 5.9 35 21 1.1 -14.3
HAP VanEck Natural Resources ETF 5.8 50 6 9.4 -6.0
NANR SPDR S&P North American Natural Resources ETF 5.5 35 21 7.8 -7.6
LYLD Cambria Large Cap Shareholder Yield ETF 5.3 59 -3 9.5 -5.9
GNR SPDR S&P Global Natural Resources ETF 4.8 40 16 11.0 -4.4
OIH VanEck Oil Services ETF 4.7 35 21 4.9 -10.5
ICOP iShares Copper and Metals Mining ETF 4.2 47 9 8.5 -6.8
RFG Invesco S&P Midcap 400 Pure Growth ETF 4.0 35 21 5.4 -10.0
MXI iShares Global Materials ETF 3.8 41 15 7.6 -7.7
RSHO Tema American Reshoring ETF 3.7 75 -19 4.6 -10.8
CNRG SPDR S&P Kensho Clean Power ETF 3.7 45 11 1.1 -14.3
SYLD Cambria Shareholder Yield ETF 3.6 59 -3 11.6 -3.8
RBLD First Trust Alerian US NextGen Infrastructure ETF 3.6 65 -9 5.0 -10.4
ECML Euclidean Fundamental Value ETF 3.3 95 -39 11.1 -4.3
RFV Invesco S&P Midcap 400 Pure Value ETF 3.3 35 21 13.0 -2.4
EQRR ProShares Equities for Rising Rates ETF 3.2 35 21 8.0 -7.4
GRPZ Invesco S&P SmallCap 600 GARP ETF 3.2 35 21 7.2 -8.1
AVMV Avantis U.S. Mid Cap Value ETF 3.1 20 36 8.6 -6.7
KONG Formidable Fortress ETF 2.9 89 -33 6.0 -9.3
XAR SPDR S&P Aerospace & Defense ETF 2.8 35 21 2.1 -13.3
WTV WisdomTree US Value Fund of Benef Interest 2.8 12 44 8.9 -6.4
HAPY Harbor Human Capital Factor Unconstrained ETF 2.7 50 6 5.6 -9.7
AVIE Avantis  Inflation Focused Equity ETF 2.7 25 31 7.3 -8.1
XMMO Invesco S&P MidCap Momentum ETF 2.6 34 22 5.6 -9.7
PDP Invesco Dorsey Wright Momentum ETF 2.4 62 -6 4.0 -11.4
TPHD Timothy Plan High Dividend Stock ETF 2.4 52 4 7.1 -8.3
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.4 54 2 7.0 -8.3
SIXS ETC 6 Meridian Small Cap Equity ETF 2.3 89 -33 9.6 -5.7
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 2.3 60 -4 9.2 -6.2
LSAF LeaderShares AlphaFactor US Core Equity ETF 2.2 75 -19 7.2 -8.1
RWK Invesco S&P MidCap 400 Revenue ETF 2.1 39 17 9.4 -6.0
SURE AdvisorShares Insiders Advantage ETF 2.1 90 -34 9.6 -5.8
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.1 60 -4 10.9 -4.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.0 47 9 8.9 -6.4
MAGA Point Bridge America First ETF 2.0 72 -16 5.8 -9.6
VRAI Virtus Real Asset Income ETF 1.9 55 1 10.1 -5.2
FTA First Trust Large Cap Value AlphaDEX Fund 1.9 59 -3 8.9 -6.5
IJJ iShares S&P Mid-Cap 400 Value ETF 1.9 18 38 8.7 -6.6
PSC Principal U.S. Small-Cap ETF 1.9 38 18 6.9 -8.5
MDYV SPDR S&P 400 Mid Cap Value ETF 1.9 15 41 8.7 -6.6
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.8 10 46 8.9 -6.5
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.8 65 -9 3.6 -11.8
BRIF FIS Bright Portfolios Focused Equity ETF 1.8 65 -9 5.0 -10.4
XJH iShares ESG Screened S&P Mid-Cap ETF 1.8 12 44 7.1 -8.3
ROSC Hartford Multifactor Small Cap ETF 1.8 34 22 9.3 -6.1
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.8 39 17 3.4 -11.9
LIVR Intelligent Livermore ETF 1.8 69 -13 5.5 -9.9
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.7 15 41 7.3 -8.1
MDY SPDR S&P Midcap 400 ETF Trust 1.7 24 32 7.2 -8.2
IJH iShares Core S&P Mid-Cap ETF 1.7 5 51 7.3 -8.0
WCEO Hypatia Women CEO ETF 1.7 85 -29 3.8 -11.6
SMAP Amplify Small-Mid Cap Equity ETF 1.7 60 -4 5.6 -9.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.7 29 27 8.3 -7.1
ONEY SPDR Russell 1000 Yield Focus ETF 1.7 20 36 9.5 -5.9
IVOO Vanguard S&P Mid-Cap 400 ETF 1.7 7 49 7.4 -7.9
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 1.7 3 53 7.4 -8.0
PKW Invesco Buyback Achievers ETF 1.6 62 -6 7.2 -8.2
DSTL Distillate US Fundamental Stability & Value ETF 1.6 39 17 8.2 -7.1
AVUV Avantis U.S. Small Cap Value ETF 1.6 25 31 9.7 -5.6
GRPM Invesco S&P MidCap 400 GARP ETF 1.6 35 21 7.5 -7.8
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.6 35 21 6.1 -9.2
IJK iShares S&P Mid-Cap 400 Growth ETF 1.5 17 39 5.9 -9.5
DINT Davis Select International ETF 1.5 55 1 8.2 -7.1
TMDV ProShares Russell US Dividend Growers ETF 1.5 35 21 6.5 -8.9
SQLV Royce Quant Small-Cap Quality Value ETF 1.5 60 -4 9.3 -6.1
FESM Fidelity Enhanced Small Cap ETF 1.5 28 28 7.3 -8.1
SCHM Schwab U.S. Mid-Cap ETF 1.5 4 52 6.6 -8.7
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.5 10 46 6.1 -9.3
DFSV Dimensional US Small Cap Value ETF 1.5 31 25 10.0 -5.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 1.5 15 41 5.9 -9.4
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.4 35 21 7.2 -8.1
NUMV Nuveen ESG Mid-Cap Value ETF 1.4 31 25 7.0 -8.4
BIBL Inspire 100 ETF 1.4 35 21 5.2 -10.2
SPHB Invesco S&P 500 High Beta ETF 1.4 25 31 4.8 -10.6
CVY Invesco Zacks Multi-Asset Income ETF 1.4 106 -50 12.3 -3.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.4 24 32 8.1 -7.2
ALTL Pacer Lunt Large Cap Alternator ETF 1.4 60 -4 4.4 -11.0
MDLV Morgan Dempsey Large Cap Value ETF 1.3 58 -2 7.4 -7.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.3 24 32 7.8 -7.6
APIE ActivePassive International Equity ETF 1.3 45 11 7.7 -7.7
EQAL Invesco Russell 1000 Equal Weight ETF 1.3 20 36 6.8 -8.6
ITA iShares U.S. Aerospace & Defense ETF 1.3 40 16 2.0 -13.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.3 60 -4 5.3 -10.0
VFVA Vanguard U.S. Value Factor ETF 1.3 13 43 10.8 -4.5
NUSC Nuveen ESG Small-Cap ETF 1.3 31 25 5.4 -10.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.3 70 -14 2.9 -12.5
AFSM First Trust Active Factor Small Cap ETF 1.3 75 -19 7.6 -7.7
AVLV Avantis U.S. Large Cap Value ETF 1.3 15 41 7.8 -7.6
AVMC Avantis U.S. Mid Cap Equity ETF 1.2 18 38 6.9 -8.4
PRAY FIS Christian Stock Fund 1.2 69 -13 5.2 -10.2
SMLF iShares U.S. SmallCap Equity Factor ETF 1.2 15 41 5.9 -9.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.2 7 49 6.1 -9.3
AVES Avantis Emerging Markets Value ETF 1.2 36 20 11.2 -4.1
KOMP SPDR S&P Kensho New Economies Composite ETF 1.1 20 36 2.6 -12.8
CCNR ALPS CoreCommodity Natural Resources ETF 1.1 39 17 11.0 -4.4
FAB First Trust Multi Cap Value AlphaDEX Fund 1.1 67 -11 9.8 -5.5
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.1 35 21 10.0 -5.3
FEX First Trust Large Cap Core AlphaDEX Fund 1.1 59 -3 5.9 -9.5
FDLS Inspire Fidelis Multi Factor ETF 1.1 76 -20 5.1 -10.2
REVS Columbia Research Enhanced Value ETF 1.1 19 37 7.6 -7.8
STXM Strive Mid-Cap ETF 1.1 18 38 6.2 -9.1
RPV Invesco S&P 500 Pure Value ETF 1.1 35 21 10.4 -5.0
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.1 18 38 7.7 -7.7
IWN iShares Russell 2000 Value ETF 1.1 24 32 7.4 -8.0
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.1 15 41 4.8 -10.6
HAIL SPDR S&P Kensho Smart Mobility ETF 1.1 45 11 0.4 -15.0
VBR Vanguard Small Cap Value ETF 1.0 7 49 9.1 -6.2
DFAT Dimensional U.S. Targeted Value ETF 1.0 28 28 9.2 -6.1
VTWV Vanguard Russell 2000 Value ETF 1.0 10 46 7.4 -8.0
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.0 25 31 7.9 -7.5
KRMA Global X Conscious Companies ETF 1.0 43 13 5.9 -9.5
ISCG iShares Morningstar Small-Cap Growth ETF 1.0 6 50 2.9 -12.4
RNSC Furst Trust Small Cap US Equity Select ETF 1.0 60 -4 5.9 -9.5
DFEV Dimensional Emerging Markets Value ETF 1.0 43 13 13.6 -1.8
VSDA VictoryShares Dividend Accelerator ETF 1.0 35 21 7.1 -8.3
AFMC First Trust Active Factor Mid Cap ETF 1.0 65 -9 8.4 -6.9
IWS iShares Russell Mid-Cap Value ETF 1.0 23 33 6.8 -8.6
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 1.0 52 4 5.6 -9.8
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 1.0 58 -2 5.5 -9.8
VB Vanguard Small-Cap ETF 1.0 5 51 6.2 -9.2
SCHA Schwab U.S. Small-Cap ETF 0.9 4 52 5.9 -9.4
DRIV Global X Autonomous & Electric Vehicles ETF 0.9 68 -12 5.2 -10.2
VFMF Vanguard U.S. Multifactor ETF 0.9 18 38 7.9 -7.4
PPA Invesco Aerospace & Defense ETF 0.9 58 -2 2.5 -12.9
CCMG CCM Global Equity ETF 0.9 34 22 8.5 -6.9
DVYE iShares Emerging Markets Dividend ETF 0.9 49 7 18.8 +3.4
JHSC John Hancock Multifactor Small Cap ETF 0.9 42 14 6.7 -8.7
SPVU Invesco S&P 500 Enhanced Value ETF 0.9 13 43 10.0 -5.3
JHMM John Hancock Multifactor Mid Cap ETF 0.9 42 14 6.4 -9.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.9 39 17 5.4 -10.0
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.9 15 41 7.5 -7.8
DSMC Distillate Small/Mid Cash Flow ETF 0.9 55 1 11.9 -3.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.9 33 23 9.0 -6.4
IMCV iShares Morningstar Mid-Cap Value ETF 0.9 6 50 8.1 -7.3
SPVM Invesco S&P 500 Value with Momentum ETF 0.9 39 17 7.6 -7.8
GOP Unusual Whales Subversive Republican Trading ETF 0.9 50 6 5.6 -9.8
FYT First Trust Small Cap Value AlphaDEX Fund 0.9 73 -17 10.6 -4.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 36 5.6 -9.8
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.9 43 13 6.1 -9.2
ISMD Inspire Small/Mid Cap ETF 0.9 54 2 5.5 -9.8
VBK Vanguard Small-Cap Growth ETF 0.8 7 49 2.0 -13.4
DFLV Dimensional US Large Cap Value ETF 0.8 22 34 7.8 -7.6
PY Principal Value ETF 0.8 15 41 7.2 -8.2
VOE Vanguard Mid-Cap Value ETF 0.8 7 49 7.6 -7.7
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.8 17 39 5.7 -9.6
DFAS Dimensional U.S. Small Cap ETF 0.8 26 30 6.4 -8.9
FFOX FundX Future Fund Opportunities ETF 0.8 100 -44 4.2 -11.1
MGMT Ballast Small/Mid Cap ETF 0.8 110 -54 8.2 -7.1
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 0.8 30 26 13.1 -2.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 0.8 36 20 10.5 -4.8
BLES Inspire Global Hope ETF 0.8 61 -5 6.9 -8.5
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.8 60 -4 7.5 -7.9
IPAV Global X Infrastructure Development ex-U.S. ETF 0.8 55 1 7.9 -7.5
SVAL iShares US Small Cap Value Factor ETF 0.8 20 36 10.2 -5.1
TPSC Timothy Plan US Small Cap Core ETF 0.8 52 4 6.8 -8.6
AVEM Avantis Emerging Markets Equity ETF 0.8 33 23 8.9 -6.5
ROUS Hartford Multifactor US Equity ETF 0.8 19 37 7.1 -8.3
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.8 35 21 4.1 -11.3
FNDA Schwab Fundamental US Small Co. Index ETF 0.8 25 31 8.3 -7.1
ONEO SPDR Russell 1000 Momentum Focus ETF 0.8 20 36 7.0 -8.3
IWR iShares Russell Midcap ETF 0.8 19 37 5.8 -9.6
ISCB iShares Morningstar Small-Cap ETF 0.8 4 52 6.3 -9.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.8 19 37 6.4 -9.0
VXF Vanguard Extended Market ETF 0.7 5 51 4.7 -10.7
YALL God Bless America ETF 0.7 65 -9 3.7 -11.7
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.7 35 21 7.7 -7.6
SDY SPDR S&P Dividend ETF 0.7 35 21 6.6 -8.8
AVSC Avantis U.S Small Cap Equity ETF 0.7 25 31 5.6 -9.8
STXK Strive Small-Cap ETF 0.7 18 38 5.9 -9.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -9 8.2 -7.2
DON WisdomTree U.S. MidCap Dividend Fund 0.7 38 18 8.8 -6.5
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.7 53 3 8.1 -7.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.7 39 17 9.6 -5.7
USCF Themes US Cash Flow Champions ETF 0.7 29 27 8.7 -6.7
VLUE iShares MSCI USA Value Factor ETF 0.7 15 41 9.6 -5.8
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 52 6.0 -9.4
LGCF Themes US Cash Flow Champions ETF 0.7 30 26 8.2 -7.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.7 20 36 7.6 -7.7
ROAM Hartford Multifactor Emerging Markets ETF 0.7 44 12 12.4 -3.0
PSCI Invesco S&P SmallCap Industrials ETF 0.7 29 27 5.1 -10.2
SMMD iShares Russell 2500 ETF 0.7 15 41 6.2 -9.2
IUS Invesco RAFI Strategic US ETF 0.7 19 37 6.9 -8.4
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.6 30 26 8.3 -7.1
QGRO American Century U.S. Quality Growth ETF 0.6 29 27 3.6 -11.8
GINX SGI Enhanced Global Income ETF 0.6 98 -42 7.1 -8.2
FRDM Freedom 100 Emerging Markets ETF 0.6 49 7 8.6 -6.7
XSHQ Invesco S&P SmallCap Quality ETF 0.6 29 27 7.2 -8.2
DES WisdomTree U.S. SmallCap Dividend Fund 0.6 38 18 9.3 -6.1
DEUS Xtrackers Russell US Multifactor ETF 0.6 17 39 7.0 -8.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 47 6.2 -9.2
EZM WisdomTree U.S. MidCap Fund 0.6 38 18 9.0 -6.3
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.6 80 -24 7.8 -7.6
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 60 -4 7.3 -8.0
DFUV Dimensional US Marketwide Value ETF 0.6 22 34 7.5 -7.9
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.6 15 41 7.8 -7.5
VLU SPDR S&P 1500 Value Tilt ETF 0.6 12 44 7.5 -7.9
AVUS Avantis U.S. Equity ETF 0.6 15 41 5.8 -9.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.6 25 31 7.3 -8.1
AVSU Avantis Responsible U.S. Equity ETF 0.6 15 41 6.0 -9.3
ULVM VictoryShares US Value Momentum ETF 0.6 20 36 7.3 -8.1
FELV Fidelity Enhanced Large Cap Value ETF 0.6 18 38 6.7 -8.6
PTL Inspire 500 ETF 0.6 9 47 5.3 -10.1
SIZE iShares MSCI USA Size Factor ETF 0.6 15 41 6.1 -9.3
SFYX SoFi Next 500 ETF 0.6 0 56 5.8 -9.6
DXUV Dimensional US Vector Equity ETF 0.6 28 28 6.2 -9.1
IMCB iShares Morningstar Mid-Cap ETF 0.6 4 52 6.1 -9.3
JVAL JPMorgan U.S. Value Factor ETF 0.6 12 44 8.2 -7.2
RECS Columbia Research Enhanced Core ETF 0.6 15 41 5.7 -9.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.6 25 31 7.2 -8.1
RSSL Global X Russell 2000 ETF 0.6 8 48 4.4 -10.9
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.6 65 -9 6.4 -9.0
SSPY Syntax Stratified LargeCap ETF 0.6 30 26 6.7 -8.6
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 47 6.1 -9.2
TEMP JPMorgan Climate Change Solutions ETF 0.5 49 7 5.9 -9.4
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.5 15 41 8.0 -7.4
CFA VictoryShares US 500 Volatility Wtd ETF 0.5 35 21 5.9 -9.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.5 40 16 5.9 -9.5
JSML Janus Henderson Small Cap Growth Alpha ETF 0.5 30 26 7.9 -7.4
NULV Nuveen ESG Large-Cap Value ETF 0.5 26 30 6.3 -9.0
ISCV iShares Morningstar Small Cap Value ETF 0.5 6 50 9.3 -6.1
FSMD Fidelity Small-Mid Multifactor ETF 0.5 15 41 7.1 -8.3
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.5 20 36 4.6 -10.7
IWM iShares Russell 2000 ETF 0.5 19 37 4.3 -11.0
CGDG Capital Group Dividend Growers ETF 0.5 47 9 6.3 -9.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 52 6.2 -9.2
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.5 49 7 11.3 -4.1
VTWO Vanguard Russell 2000 ETF 0.5 7 49 4.4 -11.0
FYX First Trust Small Cap Core AlphaDEX Fund 0.5 61 -5 6.0 -9.4
FENI Fidelity Enhanced International ETF 0.5 28 28 6.7 -8.7
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.5 15 41 5.0 -10.4
IJT iShares S&P Small-Cap 600 Growth ETF 0.5 18 38 5.5 -9.9
IJR iShares Core S&P Small Cap ETF 0.5 6 50 7.7 -7.7
STXV Strive 1000 Value ETF 0.5 18 38 8.0 -7.4
FMDE Fidelity Enhanced Mid Cap ETF 0.5 23 33 5.8 -9.6
IJS iShares S&P Small-Cap 600 Value ETF 0.5 18 38 9.8 -5.6
DIVB iShares Core Dividend ETF 0.5 5 51 8.1 -7.3
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 0.5 35 21 5.9 -9.4
SPEM SPDR Portfolio Emerging Markets ETF 0.5 7 49 10.7 -4.6
SLYG SPDR S&P 600 Small Cap Growth ETF 0.5 15 41 5.5 -9.8
VO Vanguard Mid-Cap ETF 0.5 4 52 5.8 -9.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.5 10 46 5.6 -9.7
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.5 3 53 7.7 -7.7
VIOO Vanguard S&P Small-Cap 600 ETF 0.4 7 49 7.7 -7.7
SLYV SPDR S&P 600 Small Cap Value ETF 0.4 15 41 9.9 -5.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.4 10 46 9.8 -5.5
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.4 25 31 5.4 -9.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -39 0.6 -14.8
DEEP Roundhill Acquirers Deep Value ETF 0.4 80 -24 17.2 +1.8
RODE Hartford Multifactor Diversified International ETF 0.4 29 27 11.4 -4.0
AVDE Avantis International Equity ETF 0.4 23 33 7.5 -7.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.4 29 27 6.5 -8.9
FVD First Trust Value Line Dividend Index Fund 0.4 65 -9 6.3 -9.1
GLOF iShares Global Equity Factor ETF 0.4 20 36 6.6 -8.8
EES WisdomTree U.S. SmallCap Fund 0.4 38 18 8.8 -6.6
FDWM Fidelity Women's Leadership ETF 0.4 59 -3 4.9 -10.5
RDVY First Trust Rising Dividend Achievers ETF 0.4 50 6 6.8 -8.5
LRGF iShares U.S. Equity Factor ETF 0.4 8 48 5.5 -9.9
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 36 6.6 -8.7
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 39 5.5 -9.8
ETHO Etho Climate Leadership U.S. ETF 0.4 47 9 5.4 -10.0
IWC iShares Micro-Cap ETF 0.4 60 -4 -0.8 -16.2
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 17 6.8 -8.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.4 30 26 9.3 -6.1
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 0.4 38 18 9.9 -5.5
JHML John Hancock Multifactor Large Cap ETF 0.4 29 27 5.4 -10.0
AFLG First Trust Active Factor Large Cap ETF 0.4 55 1 6.4 -9.0
CGGR Capital Group Growth ETF 0.4 39 17 3.2 -12.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.4 64 -8 2.3 -13.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.4 9 47 4.3 -11.1
AVUQ Avantis U.S. Quality ETF 0.4 15 41 4.5 -10.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.4 38 18 9.4 -5.9
FBCG Fidelity Blue Chip Growth ETF 0.4 59 -3 2.9 -12.5
HAPS Harbor Human Capital Factor US Small Cap ETF 0.4 60 -4 4.0 -11.4
FVAL Fidelity Value Factor ETF 0.4 15 41 6.9 -8.4
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.4 15 41 6.6 -8.8
DFVX Dimensional US Large Cap Vector ETF 0.4 22 34 6.3 -9.1
NUDV Nuveen ESG Dividend ETF 0.4 26 30 7.6 -7.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 31 5.7 -9.7
DFAE Dimensional Emerging Core Equity Market ETF 0.3 35 21 9.5 -5.9
COPY Tweedy, Browne Insider + Value ETF 0.3 80 -24 11.9 -3.4
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 38 5.4 -9.9
HAPI Harbor Human Capital Factor US Large Cap ETF 0.3 36 20 4.8 -10.5
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 44 4.6 -10.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.3 39 17 5.9 -9.5
IWD iShares Russell 1000 Value ETF 0.3 19 37 6.4 -8.9
VIG Vanguard Dividend Appreciation ETF 0.3 5 51 5.6 -9.7
BFOR ALPS Barron's 400 ETF 0.3 65 -9 6.0 -9.4
ESIX SPDR S&P SmallCap 600 ESG ETF 0.3 12 44 8.0 -7.4
COWZ Pacer US Cash Cows 100 ETF 0.3 49 7 9.3 -6.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 44 6.6 -8.8
LQPE PEO AlphaQuest Thematic PE ETF 0.3 125 -69 5.4 -10.0
VONV Vanguard Russell 1000 Value ETF 0.3 7 49 6.6 -8.8
EVUS iShares ESG Aware MSCI USA Value ETF 0.3 18 38 6.5 -8.8
DCOR Dimensional US Core Equity 1 ETF 0.3 14 42 5.4 -9.9
RWL Invesco S&P 500 Revenue ETF 0.3 39 17 6.9 -8.5
IUSV iShares Core S&P US Value ETF 0.3 4 52 6.4 -8.9
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 41 6.0 -9.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.3 30 26 6.7 -8.7
ITB iShares U.S. Home Construction ETF 0.3 40 16 10.5 -4.8
PFM Invesco Dividend Achievers ETF 0.3 53 3 5.3 -10.0
IMCG iShares Morningstar Mid-Cap Growth ETF 0.3 6 50 4.0 -11.4
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 52 6.7 -8.7
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 43 3.0 -12.3
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.2 5 51 8.0 -7.4
DXIV Dimensional International Vector Equity ETF 0.2 34 22 7.9 -7.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 44 7.3 -8.0
DGRO iShares Core Dividend Growth ETF 0.2 8 48 6.6 -8.8
XJR iShares ESG Screened S&P Small-Cap ETF 0.2 12 44 7.4 -8.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 47 5.3 -10.1
VYM Vanguard High Dividend Yield Index ETF 0.2 6 50 7.1 -8.3
DFAU Dimensional US Core Equity Market ETF 0.2 12 44 5.1 -10.3
DFIV Dimensional International Value ETF 0.2 27 29 9.7 -5.6
HLAL Wahed FTSE USA Shariah ETF 0.2 50 6 4.8 -10.5
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 7 5.6 -9.7
VIS Vanguard Industrials ETF 0.2 9 47 4.6 -10.8
VOOV Vanguard S&P 500 Value ETF 0.2 7 49 6.3 -9.1
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 41 4.8 -10.6
IVE iShares S&P 500 Value ETF 0.2 18 38 6.2 -9.2
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 52 6.3 -9.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 26 8.0 -7.4
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 26 7.8 -7.6
ILCV iShares Morningstar Value ETF 0.2 4 52 6.5 -8.9
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.2 10 46 5.0 -10.3
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.2 35 21 9.4 -5.9
VTV Vanguard Value ETF 0.2 4 52 6.9 -8.5
SGLC SGI U.S. Large Cap Core ETF 0.2 85 -29 4.0 -11.3
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 53 5.2 -10.2
ITAN Sparkline Intangible Value ETF 0.2 50 6 6.7 -8.7
VTI Vanguard Total Stock Market ETF 0.2 3 53 4.9 -10.4
DFUS Dimensional U.S. Equity ETF 0.2 9 47 4.9 -10.5
IWV iShares Russell 3000 ETF 0.2 20 36 4.8 -10.6
VTHR Vanguard Russell 3000 ETF 0.2 7 49 4.9 -10.4
SUSL iShares ESG MSCI USA Leaders ETF 0.2 10 46 5.0 -10.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 45 4.9 -10.4
DGRW WisdomTree US Quality Dividend Growth Fund 0.2 28 28 5.5 -9.9
FQAL Fidelity Quality Factor ETF 0.2 15 41 5.7 -9.7
NULC Nuveen ESG Large-Cap ETF 0.2 21 35 4.7 -10.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 53 4.9 -10.4
SCHB Schwab U.S. Broad Market ETF 0.2 3 53 5.1 -10.3
EBI Longview Advantage ETF 0.2 35 21 6.6 -8.8
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 45 11 4.5 -10.8
SCHK Schwab 1000 Index ETF 0.2 5 51 5.0 -10.3
IWB iShares Russell 1000 ETF 0.2 15 41 4.9 -10.5
VONE Vanguard Russell 1000 ETF 0.2 7 49 5.0 -10.4
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 37 5.4 -10.0
VALQ American Century U.S. Quality Value ETF 0.2 29 27 7.7 -7.6
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 46 4.7 -10.7
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 41 5.7 -9.6
CALF Pacer US Small Cap Cash Cows 100 ETF 0.1 59 -3 10.7 -4.7
IYY iShares Dow Jones U.S. ETF 0.1 20 36 4.8 -10.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 47 5.8 -9.6
IYJ iShares U.S. Industrials ETF 0.1 40 16 4.7 -10.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 47 5.6 -9.8
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 49 5.1 -10.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 23 10.3 -5.0
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 41 5.4 -10.0
FDMO Fidelity Momentum Factor ETF 0.1 15 41 3.7 -11.6
PRXV Praxis Impact Large Cap Value ETF 0.1 36 20 6.5 -8.8
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 21 5.2 -10.2
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 56 5.0 -10.4
VOTE TCW Transform 500 ETF 0.1 5 51 4.9 -10.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 47 4.9 -10.4
FLEE Franklin FTSE Europe ETF 0.1 9 47 7.4 -8.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 36 5.7 -9.6
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 33 3.4 -11.9
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 43 6.4 -9.0
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 47 5.0 -10.4
SCHX Schwab U.S. Large-Cap ETF 0.1 3 53 5.0 -10.3
DSPY Tema S&P 500 Historical Weight ETF 0.1 18 38 5.2 -10.1
PBUS Invesco MSCI USA ETF 0.1 4 52 4.9 -10.4
RVRB Reverb ETF 0.1 30 26 4.6 -10.8
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 53 4.9 -10.5
TOV JLens 500 Jewish Advocacy U.S. ETF 0.1 18 38 4.7 -10.7
VT Vanguard Total World Stock ETF 0.1 6 50 5.9 -9.4
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 28 6.3 -9.0
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 47 4.9 -10.5
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 47 4.7 -10.7
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 47 4.8 -10.6
OPTZ Optimize Strategy Index ETF 0.1 50 6 4.7 -10.7
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 45 5.2 -10.2
DFIC Dimensional International Core Equity 2 ETF 0.1 23 33 7.5 -7.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 44 4.6 -10.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 47 5.3 -10.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 54 5.0 -10.4
XVV iShares ESG Screened S&P 500 ETF 0.1 8 48 4.8 -10.5
EPS WisdomTree U.S. LargeCap Fund 0.1 8 48 5.7 -9.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 36 4.7 -10.6
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 27 4.7 -10.7
IVV iShares Core S&P 500 ETF 0.1 3 53 5.0 -10.3
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 54 5.0 -10.3
SPY SPDR S&P 500 ETF Trust 0.1 9 47 5.0 -10.4
VOO Vanguard S&P 500 ETF 0.1 3 53 5.0 -10.3
TXS Texas Capital Texas Equity Index ETF 0.1 49 7 5.7 -9.6
ACVF American Conservative Values ETF 0.1 75 -19 4.4 -11.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 36 5.1 -10.3
TAX Cambria Tax Aware ETF 0.1 49 7 5.1 -10.3
URTH iShares MSCI World ETF 0.1 24 32 5.2 -10.2
STRV Strive 500 ETF 0.1 5 51 4.9 -10.5
APUE ActivePassive U.S. Equity ETF 0.1 45 11 4.7 -10.7
TOK iShares MSCI Kokusai ETF 0.1 26 30 5.1 -10.3
PRNT 3D Printing ETF 0.1 66 -10 1.3 -14.1
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 26 6.0 -9.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 35 3.8 -11.6
ACWI iShares MSCI ACWI ETF 0.1 32 24 5.6 -9.7
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.1 20 36 6.2 -9.1
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 27 4.5 -10.9
VV Vanguard Large-Cap ETF 0.1 4 52 4.9 -10.5
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 52 4.3 -11.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 44 5.3 -10.1
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -5 8.2 -7.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 53 7.1 -8.2
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 23 8.7 -6.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 17 5.8 -9.5
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -34 4.0 -11.3
DFAI Dimensional International Core Equity Market ETF 0.1 18 38 7.2 -8.1
XCNY SPDR S&P Emerging Markets ex-China ETF 0.1 15 41 8.0 -7.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 49 4.9 -10.5
JQUA JPMorgan U.S. Quality Factor ETF 0.1 12 44 5.9 -9.4
SFY SoFi Select 500 ETF 0.1 0 56 4.5 -10.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -19 4.1 -11.3
ILCG iShares Morningstar Growth ETF 0.1 4 52 3.7 -11.7
GVLU Gotham 1000 Value ETF 0.0 50 6 8.9 -6.5
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.0 8 48 5.0 -10.3
STXG Strive 1000 Growth ETF 0.0 18 38 3.9 -11.4
HKND Humankind US Stock ETF 0.0 11 45 7.1 -8.2
DLN WisdomTree U.S. LargeCap Dividend Fund 0.0 28 28 6.0 -9.4
FIDU Fidelity MSCI Industrial Index ETF 0.0 8 48 4.5 -10.9
DEHP Dimensional Emerging Markets High Profitability ETF 0.0 41 15 6.8 -8.5
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 32 6.5 -8.9
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.0 10 46 5.2 -10.1
JAVA JPMorgan Active Value ETF 0.0 44 12 6.4 -8.9
DHS WisdomTree U.S. High Dividend Fund 0.0 38 18 8.0 -7.4
GSPY Gotham Enhanced 500 ETF 0.0 50 6 5.3 -10.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 15 8.8 -6.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 4 52 8.2 -7.1
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 14 4.3 -11.0
FSST Fidelity Sustainable U.S. Equity ETF 0.0 59 -3 4.4 -11.0
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -33 4.9 -10.5
SCHG Schwab U.S. Large-Cap Growth ETF 0.0 4 52 4.1 -11.3
IWF iShares Russell 1000 Growth ETF 0.0 19 37 4.5 -10.9
VONG Vanguard Russell 1000 Growth ETF 0.0 7 49 4.6 -10.8
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 44 4.6 -10.8
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 42 4.9 -10.4
AVDV Avantis International Small Cap Value ETF 0.0 36 20 9.6 -5.8
DUHP Dimensional US High Profitability ETF 0.0 21 35 6.4 -9.0
VWO Vanguard FTSE Emerging Markets ETF 0.0 7 49 10.4 -5.0
DFIS Dimensional International Small Cap ETF 0.0 39 17 7.4 -7.9
SPRX Spear Alpha ETF 0.0 75 -19 0.4 -15.0
AVIV Avantis International Large Cap Value ETF 0.0 25 31 8.7 -6.7
VXUS Vanguard Total International Stock ETF 0.0 5 51 8.0 -7.3

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 VanEck Steel ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.6 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 56 bp
Equals: ALTAR Score 15.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.58
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.